EP: 186•
In this episode, Tony Alexander joins Ed and Andrew on the podcast.
Tony Alexander was the Chief Economist at BNZ for almost 25 years and is one of the most highly regarded economists in the country. After leaving the bank late last year, Tony became an independent economist and now provides commentary around the country and is a highly sought after speaker.
During this first episode, Tony breaks down how the Christchurch property market compares to the rest of the country.
On the 24th October 2019, Tony released a series of graphs comparing each region's median house price with the long term average with the rest of the country.
That analysis shows that Canterbury is currently about 20% below its average position compared to the rest of the country.
If Canterbury's fundamental underlying value remains constant, then we would expect there to be a correction in the Canterbury market allowing room for "catch up growth".
Catch up growth occurs when one region looks relatively cheap compared to others, so investors and prospective property buyers begin to bid the price up.
Of course, you need to take these types of analyses with a grain of salt, so Tony walks us through what to watch out for when considering this analysis.
If you'd like to learn about how to get a mortgage and pay it off in 2020, then check out the Epic Guide to Mortgages. This 9,500 word guide will teach you how to get a mortgage and pay it off in 2020.
EP: 2013
In this episode, we discuss what middle class really means in New Zealand.
This includes how much income and wealth you might need to be considered middle class.
And if you're not middle class ... what are you?
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
EP: 2011
In this episode, we discuss whether it's worth dropping $50k on property coaching.
That includes how much different companies charge and what you get for it.
That includes looking at pricing for companies like:
Wolfe Property Coaching,
Property Apprentice,
Positive Real Estate,
Straight-Up Property Investing
Tama Singh
Asset Lab
Finax
And many more.
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
EP: 2012
In this episode, we are joined by Laura to discuss how she went from 0 to 5 properties in just over 5 years.
That includes how she did it starting on a single income and is now just 32 years old.
She shares the highs and the lows and some of the mistakes along the way.
Inspired by today's case study? Find out if you can afford an investment property with our quick quiz.
EP: 2010
In this episode, we discuss Finders Fees and how you can make $10,000+ through property ... without actually paying for a house. This includes how property investors can use deeds of nominations and contemporaneous settlements to on-sell properties for a fee. This is a strategy primarily used by land finders and people who want to sell to developers (or other property traders).
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.